As traders, it’s important to remember that we cannot control the market. The market has a mind of its own, and it’s never going to do exactly what we expect it to. The only thing
Today, we’re going to continue our ongoing chart pattern series with a pattern we’d all like to see take place in the broad market… Yes, I’m talking about a bottoming pattern that could tell us
Well, it was another brutal week for the stock market. As of Friday morning, the Nasdaq 100 Index was off by 4.6%. And that’s on top of a 5.8% decline the week before. To put
Prices are up for just about everything. But don’t expect them to come back down. At best, this is the new normal. The New Normal Of course, prices for some things will come down… Used
After a crippling CPI report and with an aggressive Fed, investors are dumping stocks, and it looks like we are headed for new lows.
The markets kicked off the new week yesterday by erasing Friday’s losses. However, the bulls still have a lot of work to do to make up for last week’s bloodbath. In the meantime, I want
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had peaked. The result was
What a week… Just when we thought the craziness had finally come to an end, Tuesday’s CPI numbers showed that inflation was still rising, despite the market’s belief that it had in fact peaked. The
Tuesday was the worst day for stocks since 2020. Almost everything was down. Major indexes fell back to a crucial support level shown below in white on the QQQ. This has been a battleground for
Solar stocks. I’ve been saying it for months, but this is the place to focus right now. Tuesday was an absolute bloodbath for stocks. The Nasdaq dropped 5.5%. The Dow fell over 1200 points. But
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